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20121127
20121127
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the fiscal cliff. we have tracie potts with details from washington. >> reporter: today, president obama meets with small business leaders. a new white house economic report warns if tax breaks go away, the average middle class family will owe uncle sam $2,200 next year. >> middle class families should see an extension of the tax cuts. >> reporter: some republicans who have been dead set against raising taxes on anyone now hint they may consider other options. >> we have been open to revenue by closing loopholes as long as it is tied to spending cuts and pro-growth tax reform that broadens base. >> you don't raise rates. you cap the amounts of eitemize deductions. >> reporter: america is borrowing too much money trying to keep social security and medicare afloat. >> there will come a point in time where we can't borrow anymore money and interest rates will sky rocket. >> this congress is already one vote away from avoiding the fiscal cliff. >> reporter: and no word yet on when the next white house meeting will happen. tracie potts, nbc news, washington. >>> thank you. the governor of new
and the obama administration. why? all over their response to the attack in benghazi. well, today both sides came face to face. you are about to hear what happened inside that meeting and why those senators are not satisfied today. but, first, the urgent situation that has everyone's attention, members of the house, they're officially back to work as of right now, this hour. senators returned to washington yesterday. so everyone finally on the job after their week long thanksgiving break. that gives congress and the president, count it with me, 35 days to avoid the dreaded fiscal cliff, the huge package of tax hikes and spending cuts set to take effect january 1 if congress and the president do not cut a deal. we're told they have been talking behind the scenes and president obama has already hosted congressional leaders for a post election sit-down. but the president is also launching a new pr effort, a campaign, some are calling it here, starting with the white house meeting today, of small business owners. then tomorrow, the president hosts more business owners and a group of middle class
that the obama administration decimated al qaeda. that's something that rubs these republican senators the wrong way. i will tell you what she told them, i'm told, inside the classified briefing this morning, what she meant was it was the core of al qaeda, that's what the obama administration has decimated. but these republican senators think she's lef the impression it's al qaeda in general. last thing i will tell you i was told she did say to the republican senators behind closed doors she regrets saying what she said because she knows it was simply not right. >> where does this go from here? obviously investigating intelligence officials as well, i imagine? >> yes. as i said, the acting director of the cia also in this room. and senators, republicans and democrats, are not thrilled with the information that they got publicly or privately. but the -- what goes on from here more meetings. she's back here, we believe, this afternoon, tomorrow she has a meeting with one senator, bob corker of tennessee, probably others. she's going to make the rounds and she's going to keep trying to persuade sen
that home prices have had a high we haven't seen in four years the dow was up 47. >> president obama looks like he is still campaigning. to make the public case for strategizing the fiscal cliff. friday he will be meeting with business owners, small business owners. at the white house today the president will meet and tomorrow with middle-class americans. >> an 18 year-old accused of killing a man and injuring and police officer will be arraigned this week. here is a video of the other suspect in this case who was in court last wednesday. there china find a connection between the two. both are being held for murder, armed robbery, and attempted murder of a police officer. the drama of a 14 year-old boy charged as an adult with attempted murder sexaul assault and kidnapping of a 65 year-old woman has been postponed. caviar king was scheduled to be arraigned in court yesterday. authorities say he of the to the woman at dusk force to drive several miles away where he assaulted and beat her before leaving her in a ditch. police described attack as random. >> the two leaders will be remembered
. president obama has been pressuring congressional leaders to reach a compromise that increases taxes on wealthy americans. a handful of republicans are suggesting they might break their pledge to never vote for higher indicate taxes. >> and for the good of the country only if democrats would do a title that. >> the pledge that we signed 18-20 years ago but the world has changed. >> is music to the ears of the white house but disturbing to this man. the anti-tax crusader that cut republicans to tax no tax- agreement. it >> if you want to go to your voters and say i promised to this and i am breaking the promise you have that conversation. >> if he seems confident so for these numbers are not on his side. 258 members of congress that have signed the pledge with only one half dozen have publicly expressed doubts about it. the test of weather they are were ready to break the tax increase will, in the next six weeks. catherine heenan, kron 4. >> the state of york is requesting nearly $42 billion in federal money to help with recovery efforts from super storm sandy earlier today the mayor
. >>> and susan rice, president obama's likely replacement for hillary clinton as secretary of state. rice will sit down with three top republicans who claim that her comments in september about that attack in september on the u.s. consulate in libya, were misleading. john mccain, chief among those critics. but he backed from his threat to derail rice's nomination. >>> and dramatic video in florida. a fisherman spotted in the water. you can see here, clinging to a cooler. he had been holding on for some seven hours without a life jacket, after a large wave took out his boat. his brother was also thrown overboard. thankfully, he was able to swim to shore and get help. both brothers, good news here, recovering this morning. >>> and a frightening scene high over sydney australia. a construction crane caught fire and forced police to evacuate thousands of people from nearby buildings. and it's a good thing they did because the crane's massive arm eventually collapses, use can see here, on to the roof. the company that owns the crane you see, also owns the one that collapsed here in new york, d
of the discussion. >> all three legs of this will have to be part of it. >> reporter: president obama has tapped treasury secretary tim geithner to lead negotiations on these fiscal cliff talks. rob and paula, back to you. >> both sides are going to have to give a little. both sides. should be interesting. the president now trying to make a public push. he's meeting with business leaders to try to sell this plan. the white house warning closer and closer, the average family will pay $2,200 more a year in taxes if we go over the cliff by the end of the year. >> republicans coupling this with the entitlement program saying, we will do this if -- comes down to say they're closing tax loopholes, yes, we will do so. raszing taxes, they don't want to do so. >> the president said during the first news conference. look, i understand the loophole argument you are making that is not enough money to get us where we need to be. seems to be a divide there. intense negotiations you can imagine behind closed doors and in front of the camera. >> closer we get the more leverage the president has. >> merry christ
and spending cuts that could damage the economy. president obama has been pressuring republicans to reach a compromise that increases taxes on wealthy americans. a handful of republicans are suggesting they might break their pledge to never go for higher taxes. >> i will violate the pledge, long story short for the good of the country. >> the world has changed. >> it is music to years of the white house and very disturbing to this man. he is an anti-tax person and who got the republicans to sign a note signed the no tax increase agreement in the first place. >> if you go to voters and say i made this promise and now i'm breaking his promise you should know that and say to them. >> 258 members of congress have signed the pledge. only about half dozen have x rest doubts about it. the test of whether not there are willing to break a promise to not bring taxes will come in the next six weeks. the president seems to be gaining a little ground today and senator john mccain seemed to soften his position on susan rice. rice was the choice to replace hillary clinton as secretary of state. mccain w
Search Results 0 to 7 of about 8